India PC Market Grew Over 20% in Q3, HP leads: International Data Corp (IDC)

New Delhi: The traditional PC market in India grew 20.2 per cent in the third quarter of 2018, with HP Inc leading the segment with 30.7 per cent share and Dell at second spot with 22.9 per cent market share, International Data Corp (IDC) said on Wednesday. The overall India traditional PC market shipments stood at 2.71 million units — clocking a healthy 20.2 per cent growth quarter-on-quarter (QoQ). However, it saw a decline of 10.6 per cent (year-on-year) owing to increased sell-in due to GST implementation in the third quarter last year, said the IDC’s “Quarterly Personal Computing Devices Tracker”. Consumer PC market recorded an overall shipment of 1.45 million units — a 33.9 per cent increase over the last quarter. “Increase in discretionary spending aided by consumer financing schemes provided a strong momentum to premium device like Gaming Notebooks. Festive season buying, and online sales also resulted in increased consumer spending,” said Nishant Bansal, Research Manager, IPDS & PC, IDC India. The overall commercial PC market saw a total shipment of 1.25 million units, registering a sequential growth of 7.5 per cent. On the back of strong consumer demand in the channel and execution of state-owned education projects, HP Inc recorded an overall growth of 17 per cent (quarter on quarter). In the consumer segment, strong channel support and engagement activities enabled the company to grow by 25.1 per cent quarter on quarter. Lenovo remained in the third position with a 21.3 per cent market share. The consumer PC business grew at a strong 63.7 per cent (quarter on quarter) as the company aggressively focused on expanding online channel and continue growing share in modern retail. (IANS)